David Baazov insider trading trial to feature anonymous informant

Former Amaya Gaming CEO David Baazov will stand trial on insider trading charges in a Quebec court in November, a judge ruled on Tuesday.

According to a report in The Globe & Mail, Quebec Court Judge Claude Leblond held a hearing on Tuesday during which he set a November 20 date for the start of Baazov’s trial on insider trading stemming from his former role as head of Amaya, the parent company of PokerStars.

The possibility remains that Baazov (pictured), who has pled not guilty to the charges, could strike a deal with prosecutors that would preclude the need for a trial. In the meantime, both prosecutors and Baazov’s legal team are gearing up for a trial that could last up to 13 weeks.

In March 2016, Baazov and two other individuals – fellow Amaya exec Benjamin Ahdoot and former Amaya financial advisor Yoel Altman – were hit with 23 insider trading charges by Quebec securities regulator Autorité des marches financiers (AMF).

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